WED DEC 11 2024-theGBJournal| Security, Infrastructural Development, Healthcare, Food Sufficiency and Education are expected to get traction next year as the Edo State Government has allocated the sum of N381 billion, representing 63%, to cover activities.
The State Governor Monday Okpebholo, disclosed this budgetary allocation for 2025 on Tuesday when he presented the government’s budget estimate of N605 billion appropriation bill to the State House of Assembly.
The budget which he christened budget of ‘renewed hope for a rising Edo ‘ is 25% higher than the 2024 budget.
Presenting the budget proposal to the State House of Assembly in Benin city, Okpebholo said that the recurrent expenditure would take N223 billion, which represents 37% of total budget.
Okpebholo noted that the 2025 budget is designed to achieve the five point agenda of his administration which are , Security, Infrastructural Development, Healthcare, Food Sufficiency and Education.
The Governor gave the sectoral breakdown of the budget as N162 Billion for road development across the state, N48 Billion for Education, N63.9 Billion for Health, N1.8 Billion for Health Insurance Scheme and N4.5 Billion for the Agricultural sub sector.
Okpebholo who explained that the proposed appropriation bill was a product of wide consultations, committed to ensure accountability and transparency in governance for responsive service delivery to the people of Edo State.
Receiving the 2025 budget proposal, the speaker of the House, Rt. Hon. Blessing Agbebaku assured the governor that the house would expedite action on the budget.
The speaker also gave the assurance of the assembly’s resolve to work with the governor for the good of Edo people.
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